Sky stakes are raised to £26bn

RUPERT Murdoch yesterday won Government approval to take over Sky, but the media mogul’s 21st Century Fox will have to dig deeper after rival suitor Comcast pushed up the bidding to £26billion. Fox, which already owns 39.1 per cent of the satellite broadcaster, had earlier this week tabled a £14-a-share offer to take full control in a deal worth £24.5billion.Daily Express :: City and Business Feed